Petronas buys Amplus Energy for 2,700 crore: L&L, SAM, CAM, Dentons, Davis Polk, Dunn act

Bar & Bench May 16 2019

Malaysia’s state-run oil and gas company, Petronas has acquired Amplus Energy Solutions Pvt. Ltd, one of India’s largest rooftop solar power producers.

While New York-based I Squared Capital holds over a 90% stake in Amplus, the balance is held by the management team led by Amplus founder and chief executive officer Sanjeev Aggarwal, reported Mint.

Dentons Rodyk & Davidson LLP and L&L Partners acted for Petronas.

The . . .

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